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An Introductory Guide in the Construction of Actuarial ...

An Introductory Guide in the Construction ofActuarial Models:A Preparation for the Actuarial Exam C/4 Marcel B. FinanArkansas Tech Universityc All Rights ReservedPreliminary DraftLast UpdatedNovember 4, 2017To my sonAminiiPrefaceThis is the fifth of a series of lecture notes intended to help individualsto pass Actuarial exams. The topics in this manuscript parallel the topicstested on Exam C of the Society of Actuaries exam sequence. As with theprevious manuscripts, the main objective of the present manuscript is toincrease users understanding of the topics covered on the flow of topics follows very closely that of Klugman et Models:From Data to Decisions.

This is the fth of a series of lecture notes intended to help individuals to pass actuarial exams. The topics in this manuscript parallel the topics ... This book is concerned with the construction and evaluation of actuarial models. The purpose of this chapter is to de ne models in the actuarial setting and suggest a process of building them. 1.

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